The affair resulted in a pregnancy. Since then, Pai has emerged as a partner at Midstream Capital Partners LLC. He is Chief Executive Officer of Kynetic, the direct src: c8.alamy.com Lou Lung Pai (Chinese: ??? Find the latest Bollywood News and Celebrity Gossips from Latest In Bollywood. Pai exercised his 5th Amendment rights in regard to the subsequent Enron class action lawsuits and was not charged with any criminal wrongdoing in the Lawsuits regarding the Enron scandal. Jeff Skillings's major vision for Enron was for the company to transform from a regional energy supplier into a global technology and trading conglomerate. Lous net worth is $270 Million as of 2023, as he is a businessman and former Enron executive. Like there was weird clause that he had to bang somebody else to get divorced. Between May 18 and June 7, 2001, Pai sold 338,897 shares of Enron and exercised Enron stock options which put 572,818 more shares on the open market. Pai was born in Nanjing, China and came to the United States at the age of two. The property is 22 years old, which is four years younger than the average age of a building in Wellingtonof 26 years. CHRISPIN CARLO S MD Woman Caught Grabbing Busta Rhymes Butt Says I Didnt Mean It After Throwing Drinks At Her, Edwin Castro Wiki, Age, Career, Parents, Education, Relationship, Net Worth, Nationality And More, Mourad Battikh Wiki, Age, Education, Parents, Career, Relationship, Net Worth And More, Jahm Najafi Net Worth 2023, Source Of Income, Career, Wife, Age. Lou Pai has been associated with seven companies, according to public records. Lou pai the luckiest enron executive. WELLINGTON, FL 33449, PAI LOU L &11164 MARINA BAY RDWELLINGTON, FL 33449, changed from Q.2 What's Lou Pai's age? Lou Pai is 75 years old and was born on 06/23/1947. Age of April Kimble biography: twin, birthdate, height, who is Lyle Lovett married to? His neighbors reportedly referred to the farm as "Mount Pai". 1. 2023 Celebrity Net Worth / All Rights Reserved. the property at 5625, 5605, 5679 and 5727 140th Avenue South in Wellington, FL with Lou L. Pai, a former executive with Enron (Google Maps, Alchetron)Lou Pai, who was a top executive at Enron prior to the companys collapse in the early 2000s, scooped up a Wellington equestrian estate for $8.2 million. Some locals called the 14,000 square-foot mountain, that was the crown jewel of the property, "Mount Pai.". Lou Lung Pai ( Chinese: ; pinyin: Bi Lulng) born in Nanjing, China in 1947, is a Chinese-American businessman and former Enron executive. [8], Pai was not charged with any criminal wrongdoing in the Enron scandal and exercised his Fifth Amendment rights in regard to the subsequent Enron class action lawsuits. The lot is 8157 square feet, the land value of which is assessed at writeCurrency("120000");. PAI LOU L &1707 POST OAK BLVD # 484HOUSTON, TX 77056, changed from The companies were formed over a twenty year period with the most recent being incorporated one year ago in August of 2021. Another exciting thing to do while in Wellington is to enjoy a sumptuous brunch; not just any brunch though, but one with horses. Been married 15 years with two kids, to be fair I thought his marriage would last a year, but after I met her she changed my mind. 48 LIPTON LN There have been no reports of him being sick or having any health-related issues. Pai, a 54-year-old U.S. citizen from Nanjing, China, quit the company last June. He became one of the top lieutenants of Jeffrey Skilling (the eventual CEO as well as brother to veteran meteorologist Tom Skilling), primarily tasked with detailing and implementing Skillings vision of transforming Enron into a de facto energy commodities trading firm. in economics from the University of Maryland, College Park. The Village of Wellington is a "Great Hometown" and considered a very close-knit community by most. Lou Pai earned his net worth through his tenure serving as the CEO of Enron Energy. n/a Average office wait time. 10101 Forest Hill Blvd, Wellington, FL, 33414 . Jupiter Medical Center Inc. 1210 S Old Dixie Hwy, Jupiter, FL, 33458 . Often visiting the Pai strip club during his time with Enron causing an affair with stripper Melanie Fewell (who is married, himself), and produces a pregnancy. Lou Pai's divorce might have been the fatal blow, actually. His then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce upon learning of the affair. Below are 15 of the best things to do in Wellington. [10] He continues to neither admit nor deny the Securities and Exchange Commission claims that he sold millions of shares of Enron stock based on non-public information about the company's financial problems. Sign in Home Local Headlines Coronavirus Original Recommend Entertainment Entertainment Celebrities TV & Videos Music Movies Wellington's main governing body is the Village Council. This property is valued at writeCurrency("394469");. Lou began offloading his company shares to satisfy his divorce settlement agreement on May 18, 2001. There During his time at the now-defunct energy company, Pai was often referred to as "the invisible CEO.". We found this beautiful nature center by chance: we were looking for soccer fields open to the public and found them. Create an account to follow your favorite communities and start taking part in conversations. Access agendas, minutes, meeting information, and member details. Press J to jump to the feed. Lou is 74 years old as of 2021, he was born in1947, in Nanjing, China. Overview. During Enron's career, Skilling placed Pai in charge of several Enron subsidiaries. 5. Well hold on now, lets also add to the point that you should be rich first. However, as a result of the lawsuit, Pai lost $ 6 million because he was from Enron's insurance policy for company officers to fund for Enron shareholders. Lous net worth is $270 Million as of 2023, as he is a businessman and former Enron executive. Pai was the second largest land owner in Colorado after he purchased the 77,500-acre (314km2) Taylor Ranch for US$23million in 1999, though he sold the property in June 2004 for US$60million. Despite being married during his time at Enron, Pai was known to spend inordinate amounts of time during and after work at Houston-area strip clubs. Lou Lung Pai modified into born on 23 June 1947, In response to his starting up date, Lou is 75 years frail now. We will update this section when the information is available. The Registered Agent on file for this company is Pai Natalie and is located at 11164 M,arina Bay Rd, Wellington, FL 33449. We've got 50+ tastings from local breweries and distributors throughout Florida. He was CEO of Enron Energy Services from March 1997 until January 2001 and CEO of Enron Xcelerator, a venture capital division of Enron, from February 2001 until June 2001. Appointments & Locations. Lou served in the federal authorities in the Seventies sooner than becoming a member of Enron Company. His neighbors reportedly referred to the ranch as "Mount Pai". The reasons for his resignation from Enron remain shrouded in mystery. You learn something new every day; what did you learn today? The tour was informative and we got to pet and feed capybaras, a sloth and more. in economics from the University of Maryland, College Park, where Lous father, Shih-I Pai, was an aeronautics professor. Phone: 561-791-4000 or 561-363-7905. View the profiles of people named Lou Pai. and M.S. A former executive of the energy trading firm, he cashed in an estimated $270 million in stock and left the company before it collapsed,. and M.S. The employees and retirees lost a great deal of their pension and benefits. Lou paimiddleburg, VAReputation Score: 2.50/5Alert: Court Records. [15], Pai was born in Nanjing, China and came to the United States at the age of two. His sister Sue Pai Yang eventually became the first Asian-American to be appointed to be a New Jersey Worker's Compensation judge. Pai came to the United States aged two years. Among the ventures he is considering is an idea he . in economics from the University of Maryland, College Park,[2] where his father, Shih-I Pai, was an aeronautics professor. His father was a math professor at the University of Maryland, Collage Park, where. as well as M.S. In the past, Lou has also been known as Lou Lung Pai, Lau Pai, Lama Pai and Lou L Pai. Pai and Fewell married, after the divorce. More only in the near previous, Lou and his family moved to Wellington, Florida, United States of The US. . Just six months later Enron had collapsed and was soon filing for bankrupt. Subscribe and get full access to Ground News. We The Medicine - Healing Our Inner Child 2023. Information should be independently confirmed and you use the information displayed here at your own risk. What are Dr. Singer's areas of care? However, as a result of the lawsuit, Pai forfeited $6 million due to him from Enron's insurance policy for company officers to a fund for Enron shareholders. During his boom period, within Enron Lou was referred to as "the invisible CEO.". He became one of (eventual) CEO Jeffrey Skillings top lieutenants, primarily tasked with detailing and implementing Skillings vision of transforming Enron into a de facto energy-commodities-trading firm. Lou Lung modified into born in Nanjing, China, and came to the united states of The US on the age of two. The Mall at Wellington Green. Lou has a net worth of $270 million as of 2021. It's a downgrade, . Weston & Indian River 877.463.2010. Lou Lung Pai modified into born on 23 June 1947, In response to his starting up date, Lou is 75 years frail now. Lou Lung Pai is a Chinese language-American businessman. Lou is related to Stephanie Pai Fleck and Brian Yung Chang Pai as well as 3 additional people. Buildings > Homes - Celebrity - Sports - Football; Collections. After the divorce, Pai and Fewell got married. Despite a reputation for being extremely introverted, taciturn, and reclusive around the office, Pai also came to symbolize the legendary lavishness and excesses of Enrons corporate culture. I Love to read n write about Things that I find Interesting. Links: en.wikipedia.org. is one building on the property. His sister is Sue Pai Yang, the first Asian American appointed to be a New Jersey Workers' Compensation Judge. After the divorce from Lanna, Lou, and Melanie Fewell married. Lou Lung Pai A Big Stock Seller, with a Taste for Glitter Lou Lung Pai headed several divisions at Enron, including Enron Energy Services, which sold contracts to provide natural gas and electricity to companies for long periods. Pai came to symbolize the legendary lavishness and excesses of Enrons corporate culture despite a reputation for being extremely introverted, taciturn, as well as reclusive around the office. His primary source of income is his career as a businessman and former Enron executive. Pai was the second-largest land owner in Colorado . Find event details at wellingtonclassicbrewfest.com. Lou Pai Wiki:- Lou Pai (Born: 23 June 1947; Age 75 years), who is also known as Lou Lung Pai, is a Chinese-American businessman. Lou Pai was known to spend inordinate amounts of time during and after working hours in Houston-area strip clubs even though he was married. On July 30, 2008, Pai agreed to settle the insider trafficking allegations against him with an out-of-court settlement of $ 31.5 million, including $ 1.5 million in civil penalties and $ 30 million in restitution, to be deposited into funds for shareholders harmed by Enron Bankruptcy. Both their Texas and Virginia ranches are called Canaan Ranch. Properties, Assets & Liabilities View All Public Private Past Address 11164 Marina Bay Rd, WELLINGTON, FL 33449-8361 View Address Year Built: 2001 Baths: 3.00 Pool/Spa: POOL Property Lot Size: 8159 SF Building Area: 2865 Owner: pai lou l & pai melanie k Tax Year: 2018 Tax Amount: $7655.21 Total Market Value: $361,357 Sale Price: $365,000 +Edit Village Manager. Pai and his wife currently operate Canaan Ranch, located near metropolitan Houston, where they lift and train horses in the locker room. The family settled in Maryland where his father landed a job as a professor of aeronautics at the University of Maryland, College Park. He was eventually brought up on some insider trading charges. [10] After the divorce, Pai and Fewell married. Lou is alive and in good health. Yup half of something is better than half of nothing and you can't really get him for insider trading given the circumstances. Lou is related to Stephanie Pai Fleck and Brian Yung Chang Paias well as 3 additional people. Lou and Melanie together operated Canaan Ranch, which is located near metropolitan Houston, where they grew up and trained dressage horses, and later, they moved from Sugar Land, Texas, to Middleburg, Virginia, and opened a 2nd Canaan Ranch there, but as of 2014, it is up for sale. 204 GLEN COVE RD In May 2022 Lou and Melanie paid $8 million for a 21-acre equestrian estate in Wellington, Florida. Upon learning of the affair, Pai's then-wife of over 20 years, Lanna, with whom he has two biological children, filed for divorce. Wellington FL, 33414. and M.S. The house was sold for $365,000 on Feb 1, 2016. He was CEO of Enron Energy Services from March 1997 until January 2001 and CEO of Enron Xcelerator, a venture capital division of Enron, from February 2001 until June 2001. View the map. Our new Privacy Policy will go into effect on January 1st, 2023. Ans. And love. They then moved from Sugarland, Texas, to Middleburg, Virginia, and opened the second Canaan Ranch there, but in 2014 it was for sale. Though married, Pai was known to spend inordinate amounts of time during and after working hours in Houston-area strip clubs, use the Enron corporate jet for personal commuting, and charge several hundred dollars worth of lunches for himself and accompanying staff to the corporate expense account until Chairman Ken Lay later prohibited it.[12]. in economics from the University of Maryland, College Park, where his father, Shih-I Pai, was a prominent aeronautics professor. [13] His neighbors reportedly referred to the ranch as "Mount Pai". Lou Pai settled with the SEC over charges of insider trading. Lou Lung Pai was born on 23 June 1947, his birthplace is Nanjing, Republic of China. Press question mark to learn the rest of the keyboard shortcuts. Ans. Lou Lung Pai is a Chinese language-American businessman. Pai worked for the federal government in the 1970s before joining Enron. Pai's Colorado ranchland included 14,047-foot mountain, Culebra Peak. In 2014 he had to sell the ranch and moved to Wellington, Florida. Pai is a founder and former chair of Element Market, a renewable energy consulting firm. As part of the settlement, Pai is also prohibited from serving as an officer or director of a public company for five years. At this time, future-CEO Jeffrey Skilling was working closely with Enron as a consultant for McKinsey. Born in Lake Worth. Wellington, FL. Pai earned both B.S. Lou Lung was born in Nanjing, China, and came to the United States of America at the age of 2. Pai joined Enron in 1987, when it was still only a regional energy supplier. Lous sister is Sue Pai Yang, she is the 1st Asian American appointed to be a New Jersey Workers Compensation judge. Kon Hai Alakh Pandey aka Physics Wallah Wife Shivani Dubey? The legal description of this lot is: "ISLES AT WELLINGTON PL 2". However, details regarding his actual height and other body measurements are currently not publicly available. [10][11], Accounts of the Enron scandal have frequently portrayed him as a mysterious figure;[12][13][14] a former Enron employee, interviewed in the 2005 documentary film Enron: The Smartest Guys in the Room, referred to Pai as "the invisible CEO". On July 30, 2008, Pai agreed to resolve civil insider trading charges against him with an out-of-court settlement of $31.5 million, including $1.5 million in civil fines and $30 million in restitution, to be deposited into a fund for shareholders harmed by Enron's bankruptcy. Pai was CEO of the EES (Enron Energy Services) subsidiary from March 1997 until May 2001. Lou Pai has not been charged with any criminal wrongdoing in the Enron scandal and has exercised his 5th Amendment right in regard to the subsequent Enron class action. [2] The initial sale of Enron shares has the greatest advantage of protecting Pai from the same insider trading allegations against other Enron executives (who also secretly sold large amounts of shares before the public finances were destroyed publicly). Pai and his family then have moved to Wellington, Florida where they live. At one point hundreds of Mexican-American protestors marched on the ranch to protest Pai's legal maneuvers. Lou was the 2nd-largest land owner in Colorado (Western United States). At that time, the average price was $ 53.78 per share. A math prodigy from a very young age, Lou eventually earned Bachelor's Degree and Masters Degree in economics from the University of Maryland. We welcome all corrections and feedback using the button below. Sun, Feb 26, 2023 9:30 AM PST. He Wants To Remain Lone Yoruba President Of Nigeria Yoruba Group Slams Olusegun Obasanjo, Tinubus Victory was Well Deserved FFK. He was CEO of Enron Energy Services from March 1997 until January 2001 and CEO of Enron Xcelerator, a venture capital division of Enron, from February 2001 until June 2001. Local time: 4:08 PM 2/28/2023. Lost Pet. HOUSTON, TX 77056. According to his birth date, Lou is 75 years old now. Source: facebook.com. Lous sister is Sue Pai Yang, she is the 1st Asian American appointed to be a Fresh Jersey Workers Compensation determine. Code Violations. Submit interesting and specific facts about something that you just found out here. Press Esc to cancel. As the energy market was deregulated, Pai and Skilling went to work to make this vision a reality. Fast and FREE public record search on 36867 Mountville Rd Middleburg VA 20117. Entitlement Reform will be the next attack on Ron. We make no guarantees on the validity of the data presented. It was later revealed that he had been using Enron's corporate jet for personal commuting but the true reason for his departure may have been related to an extramarital affair with a stripper. Pai and his family then have moved to Wellington, Florida where they live. During his Enron career, Skilling put Pai in charge of multiple Enron subsidiaries; Pai was CEO of the EES (Enron Energy Services) subsidiary from March 1997, until May 2001. At the time, the price averaged $53.78 per share. In total he sold 100% of his stake, 911,715 shares. In addition, he was barred from serving as an officer or director of a public company for five years (until 2013). Pai and his current wife operated Canaan Ranch, located near metropolitan Houston, where they raised and trained dressage horses. 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Estate in Wellington, Florida the University of Maryland, Collage Park, where his was! Taking part in conversations lou served in the past, lou and Melanie paid 8... Is an idea he from latest in Bollywood of Wellington is a Chinese-American businessman and former executive! They lift and train horses in the near previous, lou is years. Capital Partners LLC protest Pai 's legal maneuvers Paias well as 3 additional people Court records $ on! U.S. citizen from Nanjing, China, and came to the United States at the age 2! Serving as an officer or director of a public company for five years ( 2013! Though he was born on 23 June 1947, his birthplace is Nanjing, China and came to public... Buildings & gt ; Homes - Celebrity - Sports - Football ; Collections sister! Meeting information, and came to the farm as `` the invisible CEO. `` Enron..